Zhao Changpeng Warns Against "Blind Following" in Meme Coin Investments
Last week, Binance founder Zhao Changpeng shared important investment advice on the X platform. He candidly pointed out how risky it is to invest in meme coins by blindly following his tweets.
Zhao Changpeng stated, "I don't oppose meme coins themselves, and I enjoy network culture and memes," but he emphasized, "If you invest blindly in all meme coins created solely based on my tweets, you will almost certainly incur losses."
What is particularly noteworthy is his honest remark: "I simply tweet whatever I feel like and make funny jokes. Most of the time, I don't actually think about meme coin investments." This sends a clear message that investors should not interpret every celebrity statement as a trading signal.
Currently, meme coins in the cryptocurrency market still carry high volatility and speculative risks. Industry experts also emphasize the importance of fundamental analysis and risk management over blind investment decisions. Zhao Changpeng's comments are seen as more than personal opinions—they serve as a responsible message from industry leaders to foster a healthy investment culture.
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Zhao Changpeng Warns Against "Blind Following" in Meme Coin Investments
Last week, Binance founder Zhao Changpeng shared important investment advice on the X platform. He candidly pointed out how risky it is to invest in meme coins by blindly following his tweets.
Zhao Changpeng stated, "I don't oppose meme coins themselves, and I enjoy network culture and memes," but he emphasized, "If you invest blindly in all meme coins created solely based on my tweets, you will almost certainly incur losses."
What is particularly noteworthy is his honest remark: "I simply tweet whatever I feel like and make funny jokes. Most of the time, I don't actually think about meme coin investments." This sends a clear message that investors should not interpret every celebrity statement as a trading signal.
Currently, meme coins in the cryptocurrency market still carry high volatility and speculative risks. Industry experts also emphasize the importance of fundamental analysis and risk management over blind investment decisions. Zhao Changpeng's comments are seen as more than personal opinions—they serve as a responsible message from industry leaders to foster a healthy investment culture.